CONDENSED CONSOLIDATED BALANCE SHEETS - SWEPCo - USD ($) $ in Millions	Mar. 31, 2025	Dec. 31, 2024
CURRENT ASSETS
Cash and Cash Equivalents	$ 256.8	$ 202.9
Restricted Cash	35.2	43.1
Accounts Receivable:
Customers	1,119.3	1,100.1
Miscellaneous	52.4	64.1
Total Accounts Receivable	2,618.0	2,631.9
Fuel	620.3	748.9
Materials and Supplies	961.9	966.2
Risk Management Assets	309.4	210.4
Accrued Tax Benefits	66.5	38.2
Regulatory Asset for Under-Recovered Fuel Costs	537.4	445.9
Prepayments and Other Current Assets	324.6	285.9
TOTAL CURRENT ASSETS	5,936.9	5,788.8
PROPERTY, PLANT AND EQUIPMENT
Generation	24,871.2	24,829.7
Transmission	39,375.6	38,871.9
Distribution	31,590.0	31,061.9
Other Property, Plant and Equipment	7,502.7	7,491.6
Construction Work in Progress	6,835.4	6,346.9
Total Property, Plant and Equipment	110,174.9	108,602.0
Accumulated Depreciation and Amortization	26,612.2	26,186.4
TOTAL PROPERTY, PLANT AND EQUIPMENT – NET	83,562.7	82,415.6
OTHER NONCURRENT ASSETS
Regulatory Assets	5,133.6	5,129.2
Securitized Assets	537.5	554.3
Deferred Charges and Other Noncurrent Assets	4,036.8	3,873.3
TOTAL OTHER NONCURRENT ASSETS	14,895.0	14,873.6
TOTAL ASSETS	104,394.6	103,078.0
CURRENT LIABILITIES
Accounts Payable	2,380.8	2,637.6
Short-term Debt – Nonaffiliated	3,346.1	2,523.8
Long-term Debt Due Within One Year	4,178.9	3,335.0
Risk Management Liabilities	132.6	100.0
Customer Deposits	467.5	454.7
Accrued Taxes	1,797.0	1,922.1
Accrued Interest	589.4	453.3
Obligations Under Operating Leases	92.8	91.9
Other Current Liabilities	1,257.2	1,490.9
TOTAL CURRENT LIABILITIES	14,242.3	13,009.3
NONCURRENT LIABILITIES
Long-term Debt	38,810.9	39,307.8
Deferred Income Taxes	10,199.1	9,972.4
Regulatory Liabilities and Deferred Investment Tax Credits	8,294.3	8,344.0
Asset Retirement Obligations	3,551.6	3,530.6
Employee Benefits and Pension Obligations	357.8	360.7
Obligations Under Operating Leases	501.5	504.3
Deferred Credits and Other Noncurrent Liabilities	828.1	800.6
TOTAL NONCURRENT LIABILITIES	62,741.6	63,044.8
TOTAL LIABILITIES	76,983.9	76,054.1
Rate Matters (Note 4)
Commitments and Contingencies (Note 5)
EQUITY
Common Stock	3,478.7	3,471.6
Paid-in Capital	9,652.3	9,606.1
Retained Earnings	14,169.4	13,869.2
Accumulated Other Comprehensive Income (Loss)	20.3	(3.1)
TOTAL AEP COMMON SHAREHOLDERS’ EQUITY	27,320.7	26,943.8
Noncontrolling Interests	43.3	42.3
TOTAL EQUITY	27,364.0	26,986.1
TOTAL LIABILITIES, MEZZANINE EQUITY AND TOTAL EQUITY	104,394.6	103,078.0
SWEPCo
CURRENT ASSETS
Cash and Cash Equivalents	3.4	1.2
Restricted Cash	11.2	3.4
Accounts Receivable:
Customers	38.2	34.5
Miscellaneous	8.2	9.2
Total Accounts Receivable	91.1	97.8
Fuel	73.9	86.5
Materials and Supplies	80.8	81.4
Risk Management Assets	17.9	18.1
Accrued Tax Benefits	60.4	26.0
Regulatory Asset for Under-Recovered Fuel Costs	111.4	106.6
Prepayments and Other Current Assets	15.6	14.7
TOTAL CURRENT ASSETS	468.0	438.0
PROPERTY, PLANT AND EQUIPMENT
Generation	5,298.1	5,287.5
Transmission	2,972.0	2,863.8
Distribution	3,066.6	3,007.1
Other Property, Plant and Equipment	930.9	940.4
Construction Work in Progress	620.8	627.3
Total Property, Plant and Equipment	12,888.4	12,726.1
Accumulated Depreciation and Amortization	3,347.9	3,280.0
TOTAL PROPERTY, PLANT AND EQUIPMENT – NET	9,540.5	9,446.1
OTHER NONCURRENT ASSETS
Regulatory Assets	919.4	921.3
Securitized Assets	327.3	331.4
Deferred Charges and Other Noncurrent Assets	437.5	358.2
TOTAL OTHER NONCURRENT ASSETS	1,684.2	1,610.9
TOTAL ASSETS	11,692.7	11,495.0
CURRENT LIABILITIES
Accounts Payable	215.3	265.5
Short-term Debt – Nonaffiliated	8.3	5.5
Long-term Debt Due Within One Year	519.3	22.7
Risk Management Liabilities	0.0	2.3
Customer Deposits	75.6	75.4
Accrued Taxes	132.0	48.6
Accrued Interest	42.0	40.6
Obligations Under Operating Leases	7.6	8.2
Provision for Refund	78.9	70.8
Other Current Liabilities	118.0	159.9
TOTAL CURRENT LIABILITIES	1,650.2	1,031.6
NONCURRENT LIABILITIES
Long-term Debt	3,462.1	3,958.1
Deferred Income Taxes	1,314.8	1,271.3
Regulatory Liabilities and Deferred Investment Tax Credits	614.7	610.8
Asset Retirement Obligations	247.3	257.5
Employee Benefits and Pension Obligations	46.3	46.5
Obligations Under Operating Leases	134.0	137.5
Provision for Refund	97.8	107.8
Storm Reserve	107.4	106.2
Deferred Credits and Other Noncurrent Liabilities	64.7	62.7
TOTAL NONCURRENT LIABILITIES	6,089.1	6,558.4
TOTAL LIABILITIES	7,739.3	7,590.0
Rate Matters (Note 4)
Commitments and Contingencies (Note 5)
EQUITY
Common Stock	0.1	0.1
Paid-in Capital	1,549.7	1,549.7
Retained Earnings	2,401.0	2,352.5
Accumulated Other Comprehensive Income (Loss)	2.2	2.3
TOTAL AEP COMMON SHAREHOLDERS’ EQUITY	3,953.0	3,904.6
Noncontrolling Interests	0.4	0.4
TOTAL EQUITY	3,953.4	3,905.0
TOTAL LIABILITIES, MEZZANINE EQUITY AND TOTAL EQUITY	11,692.7	11,495.0
SWEPCo | Affiliated Entity
CURRENT ASSETS
Advances to Affiliates	2.3	2.3
Accounts Receivable:
Affiliated Companies	44.7	54.1
CURRENT LIABILITIES
Advances from Affiliates	399.8	275.0
Accounts Payable	$ 53.4	$ 57.1